The Digital Property Market Steering Group (DPMSG) today launches the DPMSG Roadmap outlining the Group’s next steps and following-up on the five promises made by the DPMSG at its 2023 launch event:
- No surprises and no delays: upfront information means there are no surprises after the buying decision and no waiting for searches
- Transparency and innovation: sharing information using an open protocol allows everyone to see what is happening in a transaction and support innovative new consumer-friendly digital services
- Convenient and secure: using digital ID checks (just once) and e-signatures makes the process easier and more secure
- Always improving: collaborative research across users and the PropTech sector will accelerate the use of emerging technology such as Artificial Intelligence
- Open and collaborative: we will work in the open, publishing research, the programme of activities and an annual summary of progress
The DPMSG will be publishing an annual report in 2024 to coincide with the anniversary of the 2023 launch event. This will outline progress and its future direction. Find out more on the DPMSG Linkedin page.
Background
The Digital Property Market Steering Group (DPMSG) represents an important coming together of key industry partners under a shared vision at a pivotal time for the property market. The group’s purpose is to help the property market work better for all by accelerating the adoption of digital technology, while ensuring it is transparent, secure and consumer friendly, through collaboration and innovation across the sector.
Members: • Law Society • Conveyancing Association (CA) • Council for Licensed Conveyancers • The Society of Licensed Conveyancers • Solicitors Regulation Authority • Royal Institution of Chartered Surveyors • Chartered Institute of Legal Executives (CILEX) • CILEx Regulation • Council of Property Search Organisations • Propertymark • Building Societies Association • UK Finance • HM Land Registry • UK PropTech Association (UKPA)
The group’s podcast series – Property with a View – hosted by Mike Harlow, HM Land Registry’s Deputy Chief Executive and Director of Customer and Strategy includes interviews with leaders across the sector as a way of exploring what changes need to happen and how the market can work together to achieve them.
